Kwang Jin Ind Stock Cash Flow From Operations
| 026910 Stock | KRW 2,040 5.00 0.24% |
Kwang Jin Ind fundamentals help investors to digest information that contributes to Kwang Jin's financial success or failures. It also enables traders to predict the movement of Kwang Stock. The fundamental analysis module provides a way to measure Kwang Jin's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kwang Jin stock.
Kwang |
Kwang Jin Ind Company Cash Flow From Operations Analysis
Kwang Jin's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Current Kwang Jin Cash Flow From Operations | (2.92 B) |
Most of Kwang Jin's fundamental indicators, such as Cash Flow From Operations, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kwang Jin Ind is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
| Competition |
In accordance with the recently published financial statements, Kwang Jin Ind has (2.92 Billion) in Cash Flow From Operations. This is much lower than that of the Materials sector and significantly lower than that of the Metals & Mining industry. The cash flow from operations for all Republic of Korea stocks is notably higher than that of the company.
Kwang Cash Flow From Operations Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kwang Jin's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kwang Jin could also be used in its relative valuation, which is a method of valuing Kwang Jin by comparing valuation metrics of similar companies.Kwang Jin is currently under evaluation in cash flow from operations category among its peers.
Kwang Fundamentals
| Return On Equity | 0.1 | |||
| Return On Asset | 0.0222 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 39.63 B | |||
| Shares Outstanding | 6.25 M | |||
| Shares Owned By Insiders | 42.60 % | |||
| Price To Earning | 18.46 X | |||
| Price To Sales | 0.60 X | |||
| Revenue | 54.59 B | |||
| Gross Profit | 2.92 B | |||
| EBITDA | 2.05 B | |||
| Net Income | 1.16 B | |||
| Cash And Equivalents | 1.85 B | |||
| Cash Per Share | 860.03 X | |||
| Total Debt | 4.48 B | |||
| Debt To Equity | 0.36 % | |||
| Current Ratio | 1.91 X | |||
| Cash Flow From Operations | (2.92 B) | |||
| Number Of Employees | 10 | |||
| Beta | 1.01 | |||
| Market Capitalization | 30.27 B | |||
| Total Asset | 42.42 B | |||
| Retained Earnings | 23.56 B | |||
| Working Capital | 12.78 B | |||
| Current Asset | 21.35 B | |||
| Current Liabilities | 8.57 B | |||
| Z Score | 4.6 | |||
| Net Asset | 42.42 B |
About Kwang Jin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kwang Jin Ind's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kwang Jin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kwang Jin Ind based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Kwang Jin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kwang Jin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kwang Jin will appreciate offsetting losses from the drop in the long position's value.Moving together with Kwang Stock
Moving against Kwang Stock
| 0.72 | 024110 | Industrial Bank | PairCorr |
| 0.68 | 023440 | Jeil Steel Mfg | PairCorr |
| 0.5 | 039240 | Gyeongnam Steel | PairCorr |
| 0.45 | 105560 | KB Financial Group | PairCorr |
The ability to find closely correlated positions to Kwang Jin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kwang Jin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kwang Jin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kwang Jin Ind to buy it.
The correlation of Kwang Jin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kwang Jin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kwang Jin Ind moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kwang Jin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Kwang Stock
Kwang Jin financial ratios help investors to determine whether Kwang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kwang with respect to the benefits of owning Kwang Jin security.